NOT LISTED FOR SALE

5530 Farmbrook St Detroit, MI 48224

Cornerstone Village Neighborhood

Estimated Value: $67,000 - $75,000

2 Beds
2 Baths
686 Sq Ft
$104/Sq Ft Est. Value

Last Sold April 27, 2012

Last sale price $5,000 $7 Per Sq Ft

Est. 1,329% increase in value since last sale

Current estimated payment $485/month

153 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Security System Owned
  • Cass Technical High School Rated 10
  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of April 2012

GREAT STARTER HOME, OR INVESTMENT PROPERTY. WELL MAINTAINED HOME ON DETROIT'S NORTH EAST SIDE, STABLE NEIGHBORHOOD. SUBJECT TO THIRD PARTY APPROVAL. BUYER SHALL PAY A $399.00 DOCUMENTATION FEE UPON CLOSING.

Last Agent to Sell the Property

James Jenkins

EXP Realty Main License #6501351856 Listed on: 08/25/2011

EXP Realty Main

Last Buyer's Agent

James Jenkins

KW Domain License #RCO-6501351856

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • Lot Dimensions are 40 x 100

Parking

  • 1 Car Detached Garage

Home Design

  • 686 Sq Ft Home
  • Ranch Style House

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Partially Finished Basement

Community Details

  • No Home Owners Association
  • Rivard Villas Subdivision

Listing and Financial Details

  • Assessor Parcel Number W21I078023S

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: YES
  • Year Built: 1940
  • Special Features: 12
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, Security Alarm (owned)
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Partially Finished
  • Kitchen Appliances: Dishwasher, Microwave, Refrigerator, Range/Stove
  • Total Sq Ft: 686

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Wood
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Homestead: Yes
  • Lot Dimensions: 40 X 100
  • Parcel Number: W21I078023S

Tax Info

  • Tax Amount Summer: 1751.0000
  • Tax Amount Winter: 327.0000
  • Total Tax: 2078.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 11, 2020
Sold by
United Community Housing Coalition
Bought by
Felton Rachael
Current Estimated Value
$71,438

Purchase Details

Closed on
Jan 15, 2020
Sold by
City Of Detriot
Bought by
United Community Housing Coalition

Purchase Details

Listed on
Aug 25, 2011
Closed on
Apr 26, 2012
Sold by
Slaughter Audrey M
Bought by
Felton Rachael
Seller's Agent
James Jenkins
EXP Realty Main
Buyer's Agent
James Jenkins
KW Domain
List Price
$10,000
Sold Price
$5,000
Premium/Discount to List
-$5,000
-50%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.49%

Purchase Details

Closed on
Aug 28, 2006
Sold by
Langolf Jon D and Langolf Amanda M
Bought by
Slaughter Audrey M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Felton Rachael $1,000 None Available
United Community Housing Coalition $188,070 None Available
Felton Rachael $5,000 None Available
Slaughter Audrey M $58,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2012 04/27/12 Sold $5,000 -50.0% $7 / Sq Ft
01/25/2012 01/25/12 Pending -- -- --
08/25/2011 08/25/11 For Sale $10,000 -- $15 / Sq Ft
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,314 $31,800 $0 $0
2024 $1,314 $27,400 $0 $0
2023 $1,275 $20,400 $0 $0
2022 $1,360 $15,800 $0 $0
2021 $1,323 $12,400 $0 $0
2020 $502 $0 $0 $0
2019 $1,000 $9,500 $0 $0
2018 $710 $8,000 $0 $0
2017 $154 $8,100 $0 $0
2016 $990 $12,500 $0 $0
2015 $1,250 $12,500 $0 $0
2013 $1,786 $17,860 $0 $0
2010 -- $26,185 $958 $25,227
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    James Jenkins

    EXP Realty Main

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Map

Source: Realcomp

MLS Number: 211090694

Realcomp

APN: 21-078023

Michigan Wayne County Detroit 48224 Cornerstone Village

5530 Farmbrook St, Detroit, MI

Not Listed for Sale

Detached

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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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